First United Bank & Trust Has $1.73 Million Stake in SPDR Gold Shares $GLD

First United Bank & Trust grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 96.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,353 shares of the exchange traded fund’s stock after purchasing an additional 2,140 shares during the period. First United Bank & Trust’s holdings in SPDR Gold Shares were worth $1,725,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. True Vision MN LLC lifted its holdings in shares of SPDR Gold Shares by 3.2% during the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock worth $304,000 after acquiring an additional 24 shares during the period. Burns J W & Co. Inc. NY lifted its holdings in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock worth $1,387,000 after acquiring an additional 25 shares during the period. PFS Partners LLC lifted its holdings in shares of SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock worth $427,000 after acquiring an additional 25 shares during the period. Boston Standard Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after acquiring an additional 26 shares during the period. Finally, Mccarter Private Wealth Services LLC lifted its holdings in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 27 shares during the period. 42.19% of the stock is owned by institutional investors.

Key Stories Impacting SPDR Gold Shares

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Dollar softened after reports the U.S. offered a 45‑day ceasefire, briefly lifting gold and supporting GLD as safety flows returned. Gold Edges Higher as the Dollar Weakened After the U.S. Offers Iran a 45-Day Ceasefire
• Positive Sentiment: Technical buyers are active around key gold levels (pivot near $4,700/oz), which can prop up GLD on short‑term rallies if that level holds. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid
• Neutral Sentiment: Merrill says core demand drivers (jewelry, central bank buying, ETF demand) should reassert after the Iran war shock fades—a medium‑term tailwind but not an immediate catalyst. Gold’s demand drivers ‘should once again reassert themselves’ after Iran war shock fades – Merrill’s Avioli
• Neutral Sentiment: Bank of France’s tactical sell-and-buyback of a 129‑tonne U.S. gold reserve shows central banks remain active in gold allocation strategies—interesting for longer‑term flows but not an immediate price driver for GLD. Bank of France sells its 129-tonne US gold reserve, then buys it back in Europe for tidy $15 billion profit
• Negative Sentiment: Ceasefire/ truce talk can reduce the safe‑haven premium that pushed gold higher earlier in the Iran conflict, trimming gold’s gains and weighing on GLD. Gold Trims Losses Near $4,630 As Ceasefire Talks Offset 12% War Drop
• Negative Sentiment: Strength in the U.S. dollar and rising short‑term rate expectations caps gold’s upside; several reports note dollar/rate dynamics remain the dominant headwind for bullion and GLD. Gold Falls Amid Dollar Strength, Inflation Worries (WSJ)
• Negative Sentiment: Oil‑driven inflation risks could push rate expectations higher, which historically pressures gold—this macro risk is cited as a cap on any sustained breakout. Gold (XAUUSD) Price Forecast: Oil Surge Caps Gold Breakout as Inflation Risk Builds

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $427.65 on Tuesday. The company has a 50-day moving average of $453.61 and a 200-day moving average of $410.80. The company has a market capitalization of $156.69 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.